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The initial public offering (IPO) of Advance Agrolife Ltd., which opened for subscription on Wednesday, September 30, has been subscribed 1.67 times as of 2:05 p.m. on Wednesday.

Amid the buzz, the unlisted shares of the company have been trading at a premium in the grey market (GMP), suggesting potential listing gains for investors.

The subscription period for the Advance Agrolife IPO will close on Friday, October 3.

Here’s a look at what the latest GMP trends indicate for the mainboard issue of Advance Agrolife.

Advance Agrolife IPO GMP Today

According to InvestorGain, the GMP for the Advance Agrolife IPO stood at Rs 9 as of 1:00 p.m. on October 1. It indicates a listing price of Rs 109 apiece at a premium of 9% on the u

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